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Mobistar returns to growth in Q3

Tuesday 20 October 2015 | 10:58 CET | News
Belgian mobile operator Mobistar raised its full-year outlook after reporting a return to growth in service revenues and adjusted EBITDA in the third quarter. The Orange subsidiary now expects to reach the high end of its guidance for restated EBITDA in 2015 of EUR 260-280 million. This excludes the cost of launching its cable broadband offer, which is still awaiting the final regulatory decision on wholesale pricing. In the third quarter, service revenues rose 0.9 percent year-on-year to EUR 277 million, a return to growth a quarter earlier than expected. Restated EBITDA was up 11.3 percent

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Categories: Mobile & Wireless
Companies: Mobistar
Countries: Belgium
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